Raymond James Trust N.A. Has $205,000 Stake in Cable One, Inc. (NYSE:CABO)

Raymond James Trust N.A. lessened its position in shares of Cable One, Inc. (NYSE:CABO) by 62.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 587 shares of the company’s stock after selling 994 shares during the period. Raymond James Trust N.A.’s holdings in Cable One were worth $205,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Jane Street Group LLC boosted its stake in shares of Cable One by 880.9% in the 1st quarter. Jane Street Group LLC now owns 14,870 shares of the company’s stock valued at $6,292,000 after purchasing an additional 13,354 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Cable One by 11.0% during the first quarter. Vanguard Group Inc. now owns 490,178 shares of the company’s stock worth $207,409,000 after buying an additional 48,513 shares during the last quarter. Private Management Group Inc. increased its holdings in shares of Cable One by 70.7% during the second quarter. Private Management Group Inc. now owns 113,641 shares of the company’s stock worth $40,229,000 after buying an additional 47,082 shares in the last quarter. Public Sector Pension Investment Board bought a new position in shares of Cable One in the 2nd quarter valued at $3,554,000. Finally, Marshall Wace LLP acquired a new stake in shares of Cable One during the 2nd quarter valued at $1,410,000. Institutional investors and hedge funds own 89.92% of the company’s stock.

Cable One Stock Up 0.0 %

Shares of NYSE:CABO opened at $419.57 on Friday. The business has a fifty day simple moving average of $365.18 and a 200 day simple moving average of $363.67. Cable One, Inc. has a 12-month low of $311.28 and a 12-month high of $574.53. The firm has a market cap of $2.36 billion, a P/E ratio of 9.70 and a beta of 0.84. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 1.84.

Cable One Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 20th. Investors of record on Tuesday, December 3rd will be issued a $2.95 dividend. This represents a $11.80 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Tuesday, December 3rd. Cable One’s payout ratio is presently 27.29%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. lowered their target price on Cable One from $480.00 to $470.00 and set a “neutral” rating for the company in a report on Tuesday, November 12th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $531.67.

Cable One Profile

Cable One, Inc, together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home. It also provides various residential video services from basic video service to digital services with access to hundreds of channels; and provides a cloud-based DVR feature that does not require the use of a set-top boxes.